Change - Announcement of Cessation::Cessation of Financial Controller

Issuer & Securities

Issuer/ Manager
BOLDTEK HOLDINGS LIMITED
Securities
BOLDTEK HOLDINGS LIMITED - SG2F47989262 - 5VI
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
31-May-2024 17:54:00
Status
New
Announcement Sub Title
Cessation of Financial Controller
Announcement Reference
SG240531OTHRU309
Submitted By (Co./ Ind. Name)
Tan Wei Cheong and Lim Loo Khoon
Designation
Joint and Several Judicial Managers
Description (Please provide a detailed description of the event in the box below)
Please refer to the attachment.

This announcement has been reviewed by the Company's sponsor, RHT Capital Pte. Ltd. (Sponsor). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (Exchange) and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document.

The contact person for the sponsor is Mr. Joseph Au at 36 Robinson Road, #10-06 City House, Singapore 068877, Email: sponsor@rhtgoc.com.

Additional Details

Name Of Person
Heng Fook Chang
Age
53
Is effective date of cessation known?
Yes
If yes, please provide the date
21/06/2024
Detailed Reason (s) for cessation
Mr. Heng Fook Chang ( Mr Heng ) has resigned on 23 May 2024 by serving a one-month notice period as Financial Controller of Boldtek Holdings Limited ( the Company ) to explore other career opportunities.

Based on its enquiries and to the best of its knowledge, the Sponsor is satisfied that, save as disclosed in this announcement, there are no other material reasons for the resignation of Mr Heng as the Financial Controller of the Company.
Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting?
No
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
No
Any other relevant information to be provided to shareholders of the listed issuer?
No
Date of Appointment to current position
04/05/2022
Does the AC have a minimum of 3 members (taking into account this cessation)?
No
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
0
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Financial Controller
Role and responsibilities
Executive position responsible for the overall financial accounting and reporting function of the Group s business. Mr Heng is also involved in the oversight of the Group s treasury functions and financial operations including corporate regulatory compliance matters with regulatory bodies.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Nil
Present
Nil